GM is poised to unveil a management shake-up at Vauxhall/Opel that will make its European executives more accountable for their operations’ performance, according to the FT
The change is aimed at making the carmaker’s managers in the US and around the world more accountable and hold them to more “exacting” performance targets.
Opel’s supervisory board is due to meet on Friday (January 15) to approve a new line-up at Opel.
Nick Reilly, GM’s head of European operations, said a new management team would be announced on Friday or Monday (January 18) that would see previously separate GM Europe and Opel management structures merged into a single team.
Reilly also warned that GM Europe’s Opel and Vauxhall new-car sales may fall as much as 5 percent in 2010, as tentative signs of economic recovery are offset by the end of various scrappage schemes.
Source: Automotive News / Financial Times